Armenia posted a trade deficit of USD 391.4 million in February 2026, up from USD 350.9 million in the same month a year earlier. Balance of Trade in Armenia averaged -205.18 USD Million from 2003 until 2026, reaching an all time high of 96.80 USD Million in December of 2023 and a record low of -485.40 USD Million in November of 2025. source: National Statistical Service of the Republic of Armenia
Armenia recorded a trade deficit of 391.40 USD Million in February of 2026.
Armenia’s foreign trade is limited due to landlocked location and border disputes with Turkey to the west and Azerbaijan to the east. As a result Armenia usually reports high trade deficits. Armenia’s main exports are metals and precious stones followed by energy, beverages, and vegetables and fruit. Armenia mainly imports oil, natural gas, cereals, rubber manufactures, cork and wood, and electrical machinery. Armenia’s main trading partners are Russia, Germany, Iran, the United States, China, Ukraine and Turkey.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-391.40 |
-335.10 |
96.80 |
-485.40 |
2003 - 2026 |
USD Million |
Monthly |
|